DENMARK: MERITANORDBANKEN TO GO FOR UNIDANMARK
Article Abstract:
The Finnish/Swedish bank MeritaNordbanken is likely to interested in acquiring the Danish financial group Unidanmark, according to analysts at JP Morgan Securities. This might be the consequence of the Norwegian Government's reluctance to sell Christiania Bank og Kreditkasse. The paper writes that the merger between Unidanmark and the insurance company Tryg-Baltica has gone smoother and faster than expected, and expects that synergies will be reached earlier than anticipated.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2000
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DENMARK:UNIBANK TO LAUNCH NEW CLIENT SERVICE PROGRAM
Article Abstract:
Unibank, the Danish bank, is to launch a new customer loyalty program in order to retain existing clients and making them buy more of the banks products. Under the new program the bank will replace its present system of individual client benefits with a more transparent and equal system. The bank will divide its present 1.6mn clients in three groups depending on their loyalty to the bank. Unibank will spend DKr100mn on the implementation of the loyalty program, which is scheduled to be launched 1st July with the help of a massive advertising campaign.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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Denmark: Tryg-Baltica to be separated from Nordea
Article Abstract:
On Tuesday Nordea is expected to announce that Tryg-Baltica is going to be independent. In future Nordea will own a minor stake in Tryg-Baltica, probably around 10-15 per cent. The rest of the company is to be taken over by Tryg-Baltica's fund, Tryg-Baltica smba. Nordea's four banks, Unibank, MeritaBank, Nordbanken and Kreditkassen, will keep Tryg-Baltica products on their shelves. Investors and shareholders in Nordea have been dissatisfied to have an insurance company in its banking business.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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